21.06.2011 - Are soaring food prices about to reverse course?
Historically speaking, corrections in agricultural commodity markets usually start at this time of year, according to fresh research from Rabobank. Following every rally in the price of grains since 1980 there has been a “sharp and significant correction in prices, with most corrections starting in July or August,” it noted. The major coffee and cotton rallies in the last 30 years have also collapsed during the summer. Corrections have typically been in the order of 50pc..............................................Full Article: Source
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